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Najib Urges Financial Institutions To Support Innovative And Green Technology Projects

By Thursday September 8th, 2011 No Comments

KUALA LUMPUR, Sept 9 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak today urged financial institutions to support innovative and green technology projects that can transform Malaysia into a developed nation.

“I hope banks have the courage to venture and support new enterprises that are not only exciting but promote innovation, because it will transform Malaysia,” he said at the launch of the refreshed Malayan Banking Bhd (Maybank) Corporate Identity at Menara Maybank, here Friday.

He also hoped that Maybank and other banks would complement and support the initiatives of the government in launching from time to time, projects as the My First Home Scheme, the IMalaysia Housing project and new sources of wealth for the country, such as promoting green technology.

“We have to continue to think of new ideas. We must be bold in creating new sources of wealth and for that, banks and financial institutions must support our efforts to take Malaysia to greater heights.

“We cannot stick with the sectors that we are familiar with. We must have the courage to look at new sources of growth which need to be financed by financial institutions.

“But for you to do that, you have to acquire new skills, new knowledge and new talent,” he said.

Najib said banks cannot say “no” to a new product or new technology, simply because they were unfamiliar with it.

He also congratulated Maybank for the success achieved.

“It’s a very strong justification for you to refresh your corporate identity.

“There are companies that are in trouble and they try to change their logo, thinking, it will help them recover. But, Maybank, has taken a different approach. It’s because you are successful, that you are changing and refreshing your logo,” he said.

Meanwhile, President and CEO, Datuk Sri Abdul Wahid Omar said Maybank had spent RM13 million in introducing the refreshed logo.

Source : Bernama

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